Unforeseeable risks in transfer pricing amid worldwide crisis

The ongoing pandemic has been affecting economies around the world. Under its impacts, companies have faced many business risks. Transfer pricing risks in particular may affect companies which have incurred losses during the last few months.

With the losses caused by the impacts of COVID-19, tax authorities will scrutinise the reasons of incurring loss. Therefore, RSM suggests companies should focus on three important aspects when explaining losses to tax authorities.

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Lam Le
Partner - Head of Tax and Consulting Services